
Mitek Corp History
May 25, 2008
From the simple beginnings of building speakers from a rural garage to becoming one of the Nation’s largest U.S. manufacturers of high performance car, home, professional and commercial audio products; MiTek Corporation has maintained the vision, leadership, and dedication of Founder and CEO Loyd Ivey.
Ivey began his company in 1971, aptly named Ivey Electronics, and after a merger with American Case Company in 1974 American Acoustic Labs, or AAL, was born. Soon thereafter MiTek Corporation was founded as the umbrella company to a vast assortment of diverse and innovative audio companies. To this day Ivey remains the visionary leader and driving force behind the MiTek family of companies.
Ivey continued to expand MiTek in 1983 through development and acquisitions including Magnum, creator of the first-ever vented/sealed hybrid enclosures, allowing the customer to choose how their music should sound. Fueled by the growth of the car audio industry, Ivey expanded his manufacturing ability and in 1989 established MTX in Phoenix, Arizona, the epicenter of car audio technology and manufacturing. Acquired in 1990, Oaktron- located in Monroe, WI- provides custom and mil spec speaker systems and components. The acquisition of Oaktron, as stated by Ivey, "was a natural extension of the MiTek business, since Oaktron had been manufacturing the coolest speakers since 1950."
In 1996, MiTek acquired Xtant, an innovative manufacturer of mobile audio products for serious audiophiles with discriminating taste. Its highly evolved mobile audio products and technologies showcase unique performance features in sophisticated packages. 1999 welcomed many additions to the MiTek Family. First, Coustic, a value brand of dynamic mobile audio products for all consumers, manufactures cool and exciting car audio products for people on the move. Next, DCM Loudspeakers, legendary manufacturer of timeless audiophile residential speakers, extending MiTek’s reach into the home audio loudspeaker systems.
In 2001, MiTek added two audio and component wiring companies, StreetWires and Esoteric Audio USA, to provide premium installation and connection components. StreetWires is our mobile wiring and installation accessories company that makes connecting your system as easy as it should be. As the originator of vehicle-specific wiring products, StreetWires has been in more IASCA-winning cars than all other wire and cable brands combined. Esoteric Audio USA is the innovator of nearly every high-end cable component used today, Esoteric Audio USA still stands for performance wiring for your home installations. As the inventor of heavy-duty gold-plated banana plugs, spade lugs and speaker pins, and the first company to use oxygen-free copper in interconnects and speaker cable, Esoteric Audio USA has a long standing tradition of advancement. In recent years the expansion of brands under the MiTek umbrella includes: SWX Connexions- A new line of accessories to the MiTek family of car audio brands, offering amp kits and RCA cable in lengths ranging from 1 foot to 25 foot. SWX features eye-catching packaging as well as stylish satin nickel finish. Musica- Is a manufacturer of noteworthy home audio designed to provide an experience that’s extra special without the extra price. In-ceiling and in-wall products under the Musica brand are designed with state-of-the-art materials to make it easy to add a breath-taking musical experience to every room.
Through product development, expansion, and acquisition, MiTek has firmly established itself as the leading privately held US manufacturer of car, home, and commercial audio products. MiTek leads the audio industry in Engineering, Manufacturing, and Quality in our compliance with the most stringent manufacturing guidelines.
MiTek Corporation has multiple product research and development teams featuring anechoic test chambers, Sterolithography modeling capabilities and a wide assortment of advanced design and test equipment assuring that MiTek products lead the industry in both technical innovation and quality. ![]() |